Gold reclaims $600/oz;oil/quarter-end aid recovery

Newswire

NEW YORK, Sept 27 (Reuters) - Gold futures rose 1 percent in New York on Wednesday, helped back over $600 an ounce as bargain hunters took advantage of declines this week and speculators squared shorts before the end of the quarter. At the COMEX division of the New York Mercantile Exchange, gold for December delivery settled $6.20 higher at $603.30 an ounce, trading up from a low of $595.40 to $604.80, its highest price in 15 days. Gold continued to take cues from the oil market, where ...

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